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. boeing has i issued layoff notices yet. san jose wants to keep samsung and the silicon valley. the city council is expected to approve 7 million in incentives to keep the company from moving to texas. a proposed expansion of samsung san jose facility will replace existing offices with a modern research and development campus totaling 680,000 square feet to two distinctive tan story towers. samsung semiconductor has been based in san jose since 1986. >> 6178 m there are few signs of spring and some parts of the midwest, where a storm has dumped up to a foot of snow from eastern kansas to misery. about 100 flights were canceled at lambert field in st. louis yesterday. you can see planes being the eyes in kansas city on the top right. the bottom right of colorado springs, which also saw a few inches of snow or the weekend. the storm is moving east and with the storm warnings advisory have been issued as far east as pennsylvania. >> we did see some light wane as the moving closer to the weekend. temperatures currently are in the 30's 40's and 50's. a little cooler for the north bay valleys.
for emergency crews on the scene there. >> thank you, 5:39. samsung is trying to decide between the golden state and the lone star state. what is at stake for silicon valley as the south korean company is ready for an expansion. >> the event bringing thousands of gamers and game developers together in one place today. together in one place today. that one [ male announcer ] citibank's app for ipad makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. santa rose, berkeley, and shows, and all the bay area this is abc7 news. >> good morning, at 5:42. it is monday. here is traffic on 680, at walnut creek. it looks fine. it is dry. maybe a touch windy. can you see the wind in the bouncing camera shot. we will talk with lisa about the weather and sue hall and the commute. >> same-sex marriage and the long road to the supreme court reaches the destin
incentive package for samsung semi conductor. the deal was outlined in a signing ceremony with city hall governor jerry brown, mayor chuck reed, and samsung electronic executive. it includes tax breaks and equipment reimbursements. the city of austin, texas offered similar incentives trying to get samsung to move there. >>> the long awaited devil's slide towns could open as early as today. alex savidge is joining us live in pacifica where the ceremony will be hold in a few hours. alex. >> reporter: after eight years of drilling and digging and tod these two new tunnels. this is the highway 1 bypass heres at the devil's slide. these tunnels brand new. take a look at them. live this morning. they are just shy of a mile long and they will create a safe and problem free way for people to get between pacifica and the half-moon bay area. this is a $400 million project that features to bores through the mountain. the tunnel allows drivers to avoid a section of highway 1 that has been plagued over the years by mud slides and rock slides. in many cases those slides have closed the two lane road f
city council is expected to approve a $7 million incentive package for samsung. the deal was outlined back in august at this city hall ceremony with governor jerry brown, mayor chuck reed, and samsung executive. the city of austin, texas by the way offered similar incentives in an effort to get samsung to move there. >>> after seven long years and spending millions of dollars the new devil's slide tunnels are set to open today. alex savidge is there where a ceremony is scheduled in a couple hours. alex. >> reporter: this is certainly a relief to people who drive this stretch of roadway. later on today crews are set to unvail these two new tunnels. you can see the sign right now says tunnel closed. but in just a matter of hours folks will be driving through there. this will be the highway 1 bypass at devil's slide. this is a $400 million project that features two bores through the mountain. the tunnels allow drivers to avoid a section of highway 1 that has been notorious for rock slides and mud slides. it has closed the road months at a
especially when samsung wants out. over $7 million worth of incentives to say it is money well spent? let's ask our panel. what you think? >> it is lovely to try but i am surprised that san jose has $7 million to give away. but if the state has not been providing an attractive business climate and policies are bad for business in this economy economy, they will go where they need to go. if governor period texas can't attract business and is good for texas and good for period sounds like a short-term bribe. >> you could always wonder if what you did for samsung do for us. >> this creates a cycle that you could call this extortion if you try to seek a better deal to get concessions where you are. but mark my words sam stone -- samsung is thing they are it is a benefit to be in silicon valley a huge pipeline of future talent. neil: but that is the issue. people are leaving. >> not as huge but mark my words this is their attempt to make business bottom line a little bit friendlier for staying in they are extorting the city of san jose and others will follow suit. >> extortion? it is of seriou
. >> thank you. >>> what will it cost to keep samsung in the south bay? plus a show of unity,ty, the hand over secretary of state john kerry made today during his unannounced visit to afghanistan. Ñw? >>> prince harry is scheduled to visit the united states in may. he is expected to play polo in connecticut to raise money for a charity. he plans to visit aural national cemetery and see game -- arlington national cemetery and see games. and he plans to visit with victims of hurricane sandy. >>> secretary of state john kerry smoothed over reports. >> i am confidence the president does not believe the united states has any interest except to see the sal ban make police -- taliban make peace. [ inaudible ] >> does not mean a collusion between the united states and the taliban. >> this meeting came on a day when the united states handed over to the afghans its prison. they decided to the hand-off a year ago but the united states hesitated. >>> they will issue a ruling in 8 hours on whether or not amanda knox will be tried again for murder. amanda knox was not in court for today's six hours of
has not yet issued layoff notices. san jose wants to keep samsung and the silicon valley. the city council is expected to approve 7 million in incentives to keep the company from moving to texas. proposed expansion of samsung san jose facility would replace existing offices with a modern research and development campus totaling 680,000 square feet into distinct attend story towers. samsung semiconductor as a base in san jose since 1986. >> a live look from our roof and van ness ave. clouds and sunshine, we will be right back. me >> welcome back, this just and a caltrans train that has hit a person very service on the northbound caltrans to 11 train is stopped between the mound deal and california avenue stops according to the caltrans twitter feeds. police were at the scene and there is expected to be at 282 our weight according to caltrans. we're waiting on the condition of the person i was hait. this pedestrian was struck in the palo alto area, we will give updates as we get them. >> and parts of the midwest, they got up to a foot of snow. that is stainless missouri. look of the
the samsung company from their new jersey headquarters, mr.m.j. han. mr. han, we're happy to welcome you here on behalf of the chairman of samsung, our good friend and longtime member of the heritage foundation. we're delighted to have so many members of the diplomatic corps here with us. ambassador hang from cambodia is here this morning, ambassador quishea from the philippines is here, ambassador jalal from indonesia is here. we also have the dcms from a number of our asia-pacific partnerships including australia, japan, singapore, thailand and vietnam. we have hong kong's commissioner for economic and trade affairs, donald tong, with us today, and it's always good to see him. leo lee from tech row is here, and i thank all of you for making a special effort to be with us here today to welcome the chairman of the house committee on foreign affairsment again, this is a confluence of several anniversaries, the 16th time we've convened to celebrate the life of the late chairman cho, the founder of the samsung group with a major address on asian policy. mr. chairman, today you are succeeding a l
and samsung. they told bloomberg news they've been working on a wrist like watch for a while now. there are reports apple is also developing one but they have not said so. >>> a new york pain are you positive simulate torr judge has cleared the way for twinkies to return to stores. a $400 million deal was approved. this is the largest of five deals concerning the now divideed up host tess company. they were more than a billion dollars in debt when they shut down in november. >>> tonight we're getting a preview of some of the arguments that will be made before the high court. >>> there are light showers falling throughout the bay tonight. we're showing you where the rain is offshore. i.'s going to get wet around here. i'll show you more back here in 10 minutes. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. a
in a growing sector. so they don't have to beat the pants off of samsung at this level. what they have to do is keep participating in the movement of smartphones, of ipads, of computer, computer mobile computing. and they have got lots of room to go in china. they come out with any kind of catalyst, a cheaper iphone for china, or apple tv, there is so many possible catalysts that will send this stock, maybb back to 500. maybe a little more. we think it is cheap right here. liz: john, i didn't mean to characterize you as bearish but you're out there investing as well, but defensively in what? >> correct. that's the case. we are not bear. we think as the market goes higher we want to take a few chips off the table and posture our portfolio more defensively and sectors like healthcare, we like the vanguard health care etf. symbol vht. we like the energy sector but like to play it defensively also. we like mlp and energy income fund. we're still in emerging markets. we want to be more conservative. we like the matthews asia growth and income fund. we're defensive but doing it more --. david: cur
. it's meant to be out there competing with samsung devices and also apple products. wile we've son-in-lonly about t sold here at this story, there are still a lot of blackberry fans out there that are praising this device. >> blackberries have always had the best keyboards, but the way they implemented this with swooip with auto complete is pretty cool. the way to peek at your key hub, and the integration with facebook and twitter. so you can have a hub of all your interactions is, i think, a neat feature. >> now, as that gentleman said, obviously, there are a lot of users out there that are noticing these differences and it's blackberry who are hoping they'll like it and embrace the phone and hopefully pick up a little bit of market share. but just as the z-10 is making its debut, there are also reports out that apple is going to be coming out with the iphone 5s and the ipad 5. that would be on june 29th, according to those reports. so the smartphone wars are really far from over. and i want to mention that blackberry shares are down significantly this afternoon, more than 8%. bil
it could possibly -- what an iwatch could look like. googles is doing this. samsung says they want to get in the game. you know, the idea is do we actually know that this is happening? we have an idea that perhaps it is, but we don't know exactly when it's happening and when we can have them on our wrist. but there are smart watches out there. sony has one out there. there are ones you can actually go get but if you want the iwatch it's not confirmed and we have no date of launch right now. >> i know people who now who don't wear watches. they just use their cell phones. i feel naked without my watch. i'm a tra traditiditionallist. do you think this is the next big thing? >> i use my phone. i don't really wear a watch. you know, so i think it's the kind of thing you have to put out this technology and see how people are going to use it. are people going to be wearing the google glasses? we'll see. maybe more people would wear a smart watch than smart glasses. the idea is that technology is just expanding past your smartphone and it's going to be a matter of who can put out a good concept
of san jose is expected to approve a $7 million incentive for samsung to improve its company. it would replace existing offices with a more modern facility. right now the building offers 200,000 square feet of space but the company wants to expand it to 680,000 by building two ten story towers which would employ at least 10,000 people. >>> lowe's is being accused of december crimination. the chronicle is now reporting that six current and former employees have filed a lawsuit in superior court. they say lowe's hired minority employees to comply with an agreement a-- with the lowe's to be built. >>> the college says the boost is meant to help meet the demand for specific classes. more than 980 classes will be offered. the majority being english, math, and science courses. enrollment management was one area of criticism. a final decision on the schools accreditation could be made in june. >>> the golden state warriors are inching closer to a playoff spot. last night they played the first of five straight home games and they knocked off the washington wizards 101-92. steph curry stored 35
question is, is it better than, you know what. the iphone. or even samsung. the android phones. connell: let's talk about farmland now. prices have doubled since 2009. it is leading to the talk that there may be a bubble forming in the markets. dagen: jeff flock is on a farm in grundy county, illinois. it looks cold. jeff: what is hot right now is farmland. i am standing on a piece of ground that will be auctioned tomorrow. i have the man who is going to do it. he has seen a lot of stuff over the years. take a look at these numbers first. that is crops. the increase of price and crops versus the increase of price and farmland. it pretty much years one another. >> it sure does. jeff: if you take a look at a map, it shows you where. right here is one of the highest increases in the country. >> yes. grundy county has some of the highest land prices. jeff: by the way, he draws up in one of his talks. he has an auction is up there. that is where he does it. right in the middle of the field. >> right. we drive right through the farm machinery and sell it that way. jeff: you did not get a bubb
including products made by samsung, lg. while officials investigate it,t proves how costly cyber crime is. the south korean index is down about 1%, this is shut down in many parts of this nation and something that has really caught the attention of businesses, government officials, the military, etc. in this nation as well. we are seeing it happen more and more across the entire globe. connell: we're definitely talking about it more and more. i wonder, in south korea, this is not exactly news. it may be the political sensitivity of it happening now with north korea, south korea conflict was back in the news so much. >> they do have and they are happening more and more not just in south korea, but across the world. covering some of the cyber attack issues this nation is tackling, businesses are tackling. it is all about the timing and the sensitivity and how pervasive it was. again, broadcasters, television screens going blank, not a military attack, it was financial institutions, something that was so widely ceased by the public is kind of shook everyone confidence. you see stuff like thi
of iphone and samsung make up over 70% of the market. blackberry, 3%. the future of the company rides on what the people think about what they think about the z10. a choice of lot of corporations. they have thousands of employees who have this device. >> the galaxy, that would only get me to switch from the iphone. >> i don't want to interrupt the discussion right now, but a major trending story. the star of groundhog day. not bill murray, but pu punxsutawney phil is being sued by a prosecutor. the charge? misrepresentation of an early spring. joining us by telephone, i believe tongue firm until cheek, michael moser, prosecutor in butler county, ohio. you are suing. please explain the justification. >> this is an indictment. kral charge against punxsutawney phil. we're sick and tired of winter here and old phil let us down. >> have you a sense of motive in this? what possible justification could he have for misrepresenting the weather, sir? >> in pennsylvania, i think they just want to laugh at us, so we're trying to have the last half. there's an old saying that prosecutors can indic
phone and samsung's galaxy s3. blackberry has a lot of ground to make up. android and apple's ios operating systems make up 70% and 20% of smartphone sales. look at that. the blackberry has just a 3% share here. its success -- the success of the company depends on this one product. >>> another product, miami heat merchandise is hot! just like it's hot streak. a industry report says sales of heat gear are up 30% this year. this comes as the team's winning streak is now at 24 games and counting. but all those lebron james and chris bosh jersey's don't mean much for the heat's bottom line because proceeds from the nba licensed merchandise is split evenly among all 30 teams. did you know that? but clearly, clearly customers want to wear their favorite teams on their backs. >> some. >> protesters took to the streets in cyprus. lawmakers have come up to a plan to raise money by monday or else the european central bank will stop providing cyprus with emergency cash. if a deal goes through it will be the fourth european country to get a bailout. here in the u.s., investors seem to be taking it in stride. f
competing with apple and samsung over the years. its market share is pretty much a pittance compared to its rivals. in the fourth quarter of 2012, blackberry owned about 3.5% of the smartphone market versus 70% for android and 21% for apple's ios. this is really a tough time for the device to come out. the market place is certainly a lot more competitive now compared to previous blackberry launches. reviews have been mostly positive, though, and investors at rim are optimistic too. the company's share price has gone up more than 40% since the start of the year, up roughly 3.5% today. carol? >> zain asher reporting live from new york, thanks so much. >>> coming up, the cast of "the mary tyler moore show" coming back to tv for a star-studded reunion. ♪ who can turn the world on with her smile? ♪ [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the worl
change all of that. all right, the z-ten comes out just as samsung released its galaxy s-4. we're waiting to see what happenle hhappen apple has up its sleeve. the smartphone wars are on. i've been using this for a while. i like it. you can go to cnnmoney.com for another review. you decide. from new york, i'm ali velshi. this is your money. license and registration please. what's this? uhh, it's my geico insurance id card, sir. it's digital, uh, pretty cool right? maybe. you know why i pulled you over today? because i'm a pig driving a convertible? tail light's out.. fix it. digital insurance id cards. just a click away with the geico mobile app. >>> the hottest stories in a flash. roll it. >>> a french man is arrested at philadelphia's airport for impersonating a pilot on a us airways flight. police say the man boarded the plane, wearing what appeared to be an air france uniform, and talk his way into the cockpit. his lie came undone when the actual pilot showed up. >>> air traffic controllers at 149 small and medium airports are going to be out of a job. the faa blames forced spending c
Search Results 0 to 18 of about 19